晚清中央对地方财政监管的失控 ,财权的不断下移以致崩溃 ,构成中央与地方财政关系变化的基本态势。其间外债作为晚清财政的产物 ,一直伴随和影响着中央与地方权力的消长 ,并使得这一关系更为复杂和特殊。 In the late Qing Dynasty, the loss of control over local financial supervision and the continuous downward movement of property rights resulted in the collapse of the financial structure, which constituted the basic trend of changes in the financial relations between the central and local governments. In the meantime, foreign debt, as a product of finance in the late Qing dynasty, has always accompanied and affected the growth and decline of power in the central and local governments and made the relationship more complicated and special.